FEATURED COMPANIES

Automobile manufacturers are shifting their preference towards advanced electronic components as they are more accurate and efficient compared to mechanical parts. The imposition of newer mandates and technological strides being made regularly are paving the way for the emergence of advanced technologies such as ADAS. Penetration of 4G and 5G networks will result in the prominence of connected car concept in the market. Automotive hypervisor forms an integral part of such advanced automotive electronics. The increasing integration of electronic components in automobiles will increase the demand for automotive hypervisors. This is expected to drive the growth of the global automotive hypervisor market size at a CAGR of over 5% during the forecast period.

Market Overview

Need for virtualization in the automotive domain

The rapid adoption of smartphones has increased the consumers’ expectations for infotainment features and the capabilities of automotive electronics. Virtualization helps improve in-vehicle security and enables the creation of multiple virtual machines for applications. The growing need for virtualization in the automotive sector will have a positive impact on the growth of the global automotive hypervisor market size.

Limits of virtualization

Virtualization is incapable of reducing a trusted computing base (TCB), which is a vital component of the system’s security. Moreover, virtualization alone cannot address all security requirements associated with embedded systems. Many such limitations of virtualization are expected to hinder the growth of the market over the forecast period.

Competitive Landscape

The market appears to be fairly fragmented with several players occupying the market share. Companies such as BlackBerry Ltd. and Mentor Graphics Corp. have intensified competition. Factors such as the growth of automotive electronics and the need for virtualization in the automotive domain will provide significant growth opportunities for automotive hypervisor manufacturers. BlackBerry Ltd., Mentor Graphics Corp., Sasken Technologies Ltd., SYSGO AG, and Visteon Corp. are some of the major companies covered in this report.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising demand for vehicle connectivity solutions.”

According to the report, one of the major drivers for this market is the growth of automotive electronics.

Further, the report states that one of the major factors hindering the growth of this market is the limits of virtualization.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.